Transportation

General Motors completed the sale of its remaining 8.5% stake in Ally Financial, the automaker’s former lending arm, for roughly $900 million.

Two trade groups representing North American railroads proposed new safety standards for tank cars that carry crude oil and other flammable liquids, as the industry and regulators explore tougher rules.

The government’s 2009 bailout of General Motors has cost U.S. taxpayers $9.7 billion as of Sept. 30, according figures released Tuesday in a report to Congress.

Employers continue to grapple with the ObamaCare’s implementation and its various requirements, with companies like UPS voicing more concern over the cost of complying with the new health law.

Lawyers from the Justice Department attempted to delay the lawsuit against American Airlines and US Airways until Congress has restored appropriations. Meanwhile, Texas AG Greg Abbott is now backing the merger.

U.S. Airways and American Airlines say they are willing to listen to any ideas the government may have to solve issues surrounding their proposed $11 billion merger but for now are “working hard” to prepare for their day in court.

The Big Three automaker will spend $1.1 million on a share offering but has no plans yet to offer a dividend, while the company also said it is expanding its two-year free maintenance program.

The House passed a Senate bill to halt air-traffic controller furloughs that have sparked flight delays across the country. President Obama is expected to sign it into law. 

Senate leaders are looking at ways to stop widespread flight delays with legislation that could be voted upon as early as today.

The shipping giant agreed to forfeit $40 million in payments received from doing business with illicit online pharmacies.

First-class mail, the Postal Service's most profitable product, fell by 4.1% in the second quarter, which weighed heavily on its balance sheet.

America’s roads are in desperate need of repair, while commuters and businesses are paying the price. But as FOXBusiness.com's Upgrading America series reports a debate is raging over highway funding, gas taxes and government waste.

Shares of in-flight Wi-Fi provider Gogo tumbled more than 22% on Tuesday as investors reacted to a new plan by AT&T to launch a high-speed 4G LTE-based Wi-Fi network on flights.

Google agreed to buy Titan Aerospace, the maker of high-altitude drones that could help expand Internet access in the developing world.

Shares of the online travel agency leapt 2.75% Monday morning after getting an upgrade from Morgan Stanley, as the investment bank set a price target of $1,010 a share.

Priceline said Friday it will buy restaurant booking service OpenTable for $2.6 billion cash. Priceline’s $103 per share offer is a 46% premium over Thursday’s closing price.

Mile-High Wi-Fi: Penetration of cellular connectivity and Wi-Fi on commercial flights is expected to exponentially increase amid relaxed mobile rules.

United Airlines says it has a tentative agreement with a union to outsource about 1,100 airport jobs while sparing another 800 positions.

Germany's biggest airline, Lufthansa, says it plans to sell its information technology infrastructure division to IBM as part of a deal aimed at reducing the company's IT costs.

CEOs have the urge to merge as global M&A hits $4 trillion for just the second time in history topped off by Activision's $6 billion purchase of Candy Crush maker King.